Today's headlines
Real estate trusts fell below one trillion yuan, and the Trust Industry Association held a press conference to explain in detail the progress of the implementation of the new regulations on three classifications in half a year
According to Yicai, 2023 is the first year for the implementation of the "new three classifications" of trusts, and the transformation and development of the industry has entered a critical stage. On May 15, focusing on the development of the industry last year, the Trust Industry Association organized an analysis conference to introduce the progress of the industry's transformation, the problems it faces, and the future direction, and respond to market concerns. This is also the first time in recent years that the Trust Industry Association has held a press conference on the development of the industry, and it is expected to be normalized in the future. The reporter learned at the scene that in June ~ December last year, more than 30,000 trust products were established in the trust industry, with an establishment scale of about 4.33 trillion yuan.
Among them, the number and scale of asset service trusts have greatly exceeded those of asset management trusts, and the trust business has continued to return to its origins. According to the main business data of trust companies as of the end of the fourth quarter of 2023 disclosed by the China Trust Association, in the fourth quarter of last year, the scale of trust assets continued to rise, the structure was further optimized, and the profit pressure was still on the side but there was a trend of easing. However, while the scale and proportion of investment trusts continued to increase, the scale of financing trusts rebounded year-on-year, and the proportion increased slightly compared with the end of the third quarter of last year. In terms of capital investment, the scale of real estate trusts fell to less than one trillion yuan, a decrease of about 250 billion yuan from a year ago, a year-on-year decrease of more than 20%.
Many cities in Jiangsu have lowered mortgage interest rates: the first home loan interest rate in Changzhou has dropped to 3.25% and Wuxi has dropped to 3.45%
The reporter learned from a number of banks in Changzhou that the interest rate on the first home loan in Changzhou has dropped to 3.25%. A person from the housing loan department of a branch of a large commercial bank in Wuxi told reporters that the interest rate on the first home in Changzhou was 3.45% before, and it has recently dropped to 3.25%; For the determination of the first home, it mainly depends on the applicant's mortgage situation in Changzhou.
"We only look at whether the applicant has outstanding loans in Changzhou at the moment, and do not look at the mortgage records in other cities; If you have a previous loan in Changzhou but have now paid it off in full, you can still apply it as a first home loan. The above-mentioned staff member said. In addition, the reporter learned from a number of banks in Wuxi that the interest rate on the first home loan in Wuxi has dropped to 3.45%. A staff member of the housing loan department of a branch of a large bank in Wuxi said that the current interest rate on the first home loan has dropped to 3.45%, and the down payment ratio for the second home has dropped to 4.25%. (Finance Associated Press)
Company figures
Will the price of Master Kong's instant noodles rise sharply? The company's response: no relevant notice has been received
On May 16, the news that "Master Kong's instant noodles are about to increase in price across the board" rushed to the hot search, and it is understood that the price increase is due to "formula upgrade". According to the news of food internal reference, a Master Kong distributor from South China said: Master Kong's instant noodles are about to increase in price, and the manufacturer's salesman has begun to verbally notify and preheat.
According to reports, after May Day this year, the staff of Master Kong issued a price adjustment notice to dealers, suggesting that the retail price of classic series products be raised, the suggested retail price of barreled noodles was adjusted from 4.5 yuan to 5 yuan, an increase of 0.5 yuan for a barrel, and the suggested retail price of bagged noodles was adjusted from 2.8 yuan to 3 yuan, an increase of 0.2 yuan for a bag. In response to whether the price will be raised, the cover news reporter asked Master Kong for verification, and there is no clear news in the official reply. At 8 o'clock in the evening, the reporter visited a number of supermarket chains in Chengdu and asked the store staff about the price increase of Master Kong's instant noodles, and the reply was that no notice had been received.
Li Auto responds to investor class action lawsuit
There are reports that Li Auto has been sued by investors in the United States to the court, and Li Auto said that the accusations are groundless and will do its best to protect the rights and interests of the company and shareholders.
According to the report, Li Auto was brought to court by investors in the United States and accused of exaggerating and misrepresenting "the effectiveness of the market's demand for vehicles and operational strategies" during the launch of MEGA. The suing investors believe that Ideal will not be able to meet its delivery expectations for the first quarter of 2024 as a result, which in turn will have a material negative impact on Ideal's share price and hurt investors.
Li Auto said that there are indeed relevant lawsuits, but this accusation is groundless, and it will do its best to protect the interests of the company and shareholders. According to relevant sources, this type of litigation is a common situation in the United States, and usually when the stock price of a listed company falls, the law firm will organize investors to collectively initiate such a lawsuit to claim compensation from the company. (Sina Technology)
BYD released a fire description in the Minhou exhibition hall in Fuzhou
On the evening of the 16th, @比亚迪汽车 official Weibo released the "Description of the Fire in the Minhou Exhibition Hall in Fuzhou", BYD said that from the relevant video, in the initial stage of the fire, the open flame was located on the roof of the second floor, and there was no open flame in the glass hall of the exhibition car on the first floor.
BYD also said that by retrieving and viewing the background data, there was no abnormal condition in the batteries of the vehicles in the showroom, and the possibility of vehicle damage was also ruled out. In addition, it has been learned from the fire department that "combustible substance" does not refer to the "source of ignition", but belongs to two different concepts. BYD said that after emergency fire fighting, the fire caused no casualties.
Li Auto started a new round of personnel adjustment, optimizing by more than 18%
The reporter learned from a number of independent sources that after the May Day holiday, a new round of company-wide personnel optimization is underway within the ideal, and the overall optimization ratio exceeds 18%. According to the 2023 financial report, Li Auto has nearly 31,600 people, and according to the optimization ratio, this round of optimization involves more than 5,600 people. (21 Finance)
Lei Jun will drive live on the 18th
On the 16th, @小米汽车's official Weibo released that at 08:30 in the morning on May 18 (this Saturday), Xiaomi SU7 Pro made its first public debut, and Lei Jun will broadcast live at that time, "Talking with you while driving!" ”
It is reported that at that time, a senior car blogger who said that A Fei of the car will sit in the co-driver of Lei Jun, and Lu Weibing, President of Xiaomi Group, and Xu Fei, CMO of Xiaomi Group, will also jointly broadcast live to experience & chat about Xiaomi SU7Pro together.
Xiaomi responds to questions about the quality control of SU7 seats
Today, some netizens posted a video saying that Xiaomi SU7 "why can the seat side airbag position be opened", and raised questions about the quality control level of Xiaomi SU7, to which @小米公司发言人 official Weibo responded, saying that the video is seriously misleading, the side of the seat is not closed, it is a reasonable design for safety reasons, and it has nothing to do with quality control issues.
Li Auto: By the end of this year, more than 2,000 ideal supercharging stations will be built
On May 16, Li Auto announced the official launch of the 400th Ideal Supercharging Station. According to Li Auto, more than 2,000 ideal supercharging stations and more than 10,000 ideal charging piles will be built by the end of the year.
Will Ledao compete with ideals? Li Bin: The user base and price coincide, there is competition but it is normal, which is a good thing for consumers
Li Bin, Chairman and CEO of NIO, and Ai Tiecheng, Senior Vice President of NIO and President of Ledao Automobile, were interviewed by the media. The Ledao brand is aimed at home users, and the price also overlaps with the ideal pure electric product Ideal L6.
Li Bin said that Ledao and Ideal are both oriented to family users, and the price range also overlaps, there will be competition but it is normal, it is a good thing for consumers, and there are more choices. He also mentioned that Li Xiang was an early investor in NIO, and he was a teammate when he was a pure electric vehicle, and he was very welcome. (Sina Technology)
NIO ET5 abnormal noise has not been resolved, but the maintenance order has been completed
#5D调查#在@黑猫投诉 found that Ms. Guo from Shanghai complained that she bought a NIO ET5 in November 2023 and found an abnormal noise in the car in April this year.
The service commissioner took the car and crashed the car on the way back to the city, and the staff did not take the initiative to inform the accident and damage at the first time, and then punctured the tire during the test drive, but the abnormal noise problem was still not solved. And the staff did not take the initiative to contact her to communicate and solve the problem, and privately changed her maintenance order to completed.
The new M5 was delivered on a large scale in Shenzhen, and it was set to exceed 10,000 units within 72 hours of its release
On the 15th, on the day of Huawei's summer all-scenario press conference, the new M5 started large-scale delivery, and Yu Chengdong, executive director of Huawei, chairman of the terminal BG, and chairman of the intelligent vehicle solution BU, appeared at the Hongmeng Zhixing Super Experience Center in Bulong Road, Shenzhen, to deliver new cars to the first batch of car owners, which is also the first time that Yu Chengdong appeared in public after assuming the post of chairman of the new Huawei terminal BG.
Yu Chengdong said that within 72 hours of the release of the new M5, the number of units exceeded 10,000, and the M5 series has won the trust of more than 130,000 car owners. HarmonyOS Zhixing has more than 230 user centers in more than 180 cities across the country, so you can enjoy high-quality after-sales service with peace of mind after picking up your car. (Shenzhen Special Zone Daily)
Baidu announced its financial results for the first quarter of 2024
Baidu released its Q1 2024 financial report, with total quarterly revenue of 31.5 billion yuan and Baidu's core revenue of 23.8 billion yuan. At the same time, the net profit attributable to Baidu (Non-GAAP) was 7.011 billion yuan, a year-on-year increase of 22%, and the net profit attributable to Baidu's core (Non-GAAP) was 6.628 billion yuan, a year-on-year increase of 26%, both exceeding market expectations.
JD.com announced its financial results for the first quarter of 2024
JD.com Group announced its unaudited financial results for the quarter ended March 31, 2024. Net revenue for the first quarter of 2024 was RMB260 billion (approximately US$36 billion[ Except for actual transaction amounts settled in U.S. dollars, the U.S. dollar amounts disclosed in this announcement are presented for convenience only. The exchange rate of RMB against the US dollar in this announcement is based on the exchange rate of RMB 7.2203 to USD 1.00 as set out in the H.10 statistics of the US Federal Reserve as of March 29, 2024.
The percentages stated in this announcement are based on RMB amounts. ), an increase of 7.0% from the first quarter of 2023. Operating profit for the first quarter of 2024 was RMB7.7 billion (approximately US$1.1 billion), compared to RMB6.4 billion for the first quarter of 2023. Non-GAAP operating profit was RMB8.9 billion (approximately US$1.2 billion) for the first quarter of 2024, compared to RMB7.9 billion for the first quarter of 2023.
iQIYI's revenue in the first quarter was 7.9 billion yuan
iQIYI released its financial report for the first quarter of 2024 as of March 31: total revenue was 7.9 billion yuan, down 5% year-on-year, higher than market expectations of 7.85 billion yuan. Net profit was $655.3 million, compared to $618.1 million for the same period in 2023. Non-GAAP net profit attributable to iQIYI was 844.3 million yuan, compared with 939.5 million yuan in the same period in 2023.
Li Jiaqi talks about 618: This year's big promotion is difficult, but I like to push myself
At the 2024 U.S. ONE 618 media conference, Li Jiaqi, partner of U.S. ONE, delivered a speech. Li Jiaqi said, "We ushered in this year's 618 promotion, is it difficult? I think it's difficult, but I like to find a breakthrough in the difficulty, push myself in the difficulty, and then see what we can bring to the user. (Sina Technology)
Mei ONE Xinchuan: Jiaqi's original words are whose offer is big, whose goods are put on the first day
At the 2024 U.S. ONE 618 MEDIA CONFERENCE, U.S. ONE VP Shinkawa delivered a speech. Xinchuan said that this year's 618 Taotian Group provided the largest full reduction in the first half of the year, and in addition, this year's 618 promotion time has become longer, giving consumers enough space for rational thinking.
Xinchuan said that during this year's 618 period, Li Jiaqi's live broadcast room will be adjusted in terms of category innovation and scene innovation. "In the past, the first day of the big sale was usually a beauty festival, but this year it's beauty plus more vertical categories. Jiaqi's original words are that whoever has a big offer will put their goods on the first day. (Sina Technology)
Taotian: At 8 p.m. on May 20, Tmall 618 will be on sale
Taotian announced that at 8 p.m. on May 20, Tmall 618 will be on sale. This year, Tmall 618 ushered in a series of changes, including: the cancellation of pre-sales, the return of the five-fold venue, the doubling of coupons for beauty, 3C, clothing and other categories and the use of superimposed platform activities, and the subsidy of 10 billion yuan for 200 big-name "family buckets" as low as two folds. In addition, 88VIP large coupons will be issued in advance until 8 p.m. Previously, when Tmall announced the cancellation of the official pre-sale, netizens called this year's Tmall 618 "persuasion" and "the easiest 618 in history". (Sina Technology)
12306 Responding to the fact that there is also a handling fee for train ticket changes: in order to crack down on scalpers hoarding and refund loopholes
According to Changjiang Cloud News, some netizens recently complained on the Internet, saying that they found that they had to charge a handling fee when changing a train ticket after buying a train ticket at 12306, so they felt very puzzled. Why is there a change fee? 12306 customer service responded, this move is to crack down on scalpers hoarding and refund loopholes.
Before the change fee is charged, no further changes can be made within 48 hours before the departure of the original ticket, and you can only choose to invalidate or charge a 20% refund fee. With the new rules, you can change your ticket within 48 hours of the original travel time, and you can even change your ticket during the pre-sale period. "In layman's terms, if you change the train on or before the departure date less than 48 hours before departure, or if you change to another train on the same day before 24 o'clock on the same day, there is no change fee."
Cainiao Express entered the fresh market: delivered to the door within 48 hours, and the price was only half
On May 16, it was learned from Cainiao that Cainiao Express has launched fresh food parity delivery: delivery within 48 hours across provinces, through refrigerant packaging, on-demand door-to-door. Compared with the express airline, the price of Cainiao Express is only half. (All-weather technology)
JD.com's instant retail business adjustment: Hourda and Daojia brands are integrated into "JD Seconds"
JD.com's instant retail business has been fully upgraded and launched JD Seconds, integrating the original instant retail brands JD Hourda and JD Daojia. At present, JD Miaosheng has covered more than 2,300 counties, districts and cities across the country, with more than 500,000 cooperative stores, covering all categories of goods.
In order to ensure the delivery timeliness, JD Miaoshou launched the "just-in-time guarantee" service to compensate for overtime orders. As a distribution carrier, Dada Express has invested 50 million subsidies for the recruitment of delivery personnel to ensure sufficient capacity. And through the refined operation of the fulfillment service link, the delivery timeliness is comprehensively improved, and the fastest delivery is achieved in 9 minutes. (Sina Technology)
Ningbo suspends "Didi Chuxing" new vehicle permits? Official Response: True
A screenshot of the "Notice on Suspending the New Handling of Didi and Wanshun Online Car-hailing Vehicles" circulated in various WeChat groups in Ningbo on the 15th. The person in charge of the relevant department of the municipal traffic law enforcement team said, "The content on the screenshot is true. This notice comes from the special rectification action of the taxi market order jointly carried out by the Ningbo Municipal Transportation Bureau and the Municipal Public Security Bureau.
Since the compliance rate of the two platforms was less than 99%, the Municipal Transportation Bureau issued a rectification notice, requiring the other party to complete the rectification within three months. "The so-called 'double compliance' means that both vehicles and personnel must be compliant. The vehicle must have the "Online Taxi Transportation License", and the driver must have the "Online Taxi Driver's License". The person in charge said. (China Ningbo Net)
Tencent Video launched a barrier-free theater for the visually impaired
According to Tencent's official account, Tencent and the China Braille Library jointly released Tencent's video "Barrier-free Theater" today.
The visually impaired will be able to enjoy online barrier-free "movie viewing" through the platform. The platform will launch more than 600 high-quality popular film and television works such as "The Three-Body Problem" in batches, covering movies, TV series, children's animation, and variety shows and other content in the future. At the same time, the platform will also collect the videos that users want to watch through questionnaires, and then complete targeted production.
NetEase has opened VIP mailboxes for free to more than 10 universities including Tsinghua University
Recently, NetEase Mail has opened NetEase VIP Departure Mail to Tsinghua Alumni Association and many cooperative universities for free. When students graduate, they can receive a free sailing mail, one-click migration of campus mail, email address with school name and VIP logo, and free membership privileges such as NetEase Cloud Music, NetEase Strict Selection, and Cloud Notes. Up to now, students from more than 10 colleges and universities, including Tsinghua University, Central Academy of Drama, and Communication University of China, can log in to the campus mailbox to receive the free sailing mail, and the NetEase mailbox will be open to all college students at the end of May.
Faraday rose more than 1600% in the next four days
Recently, Jia Yueting released a video saying that he will work closely with the company's management team to take all possible measures to ensure that the company can maintain a compliant listing status. At the same time, Jia Yueting also announced that it will start the commercial operation of his personal IP, hoping to raise funds through this route, part of which will be used to repay debts, and the other part will be used to support the company's operations and automobile manufacturing business.
After this announcement, Faraday Future's stock price rose rapidly. According to the latest data, Faraday Future's stock price has risen by as much as 1619% in four trading days, closing at $0.7050, an astonishing 147.37%. (CNMO Technology)
U.S. real estate tycoon announced the formation of a consortium to bid for TikTok
According to a report by the New York Times on Wednesday local time, American billionaire Frank McCourt announced that his organization Project Liberty is working with the investment bank "Guggenheim Partners" to form a consortium to acquire TikTok's business in the United States. (Frank McCourt is an American real estate tycoon and former owner of Major League Baseball's Los Angeles Dodgers)
McCourt said in a statement that if the deal is reached, TikTok will be planned to restructure "so that individual users have more control over their digital identities and data." He said that he does not use TikTok, but his own business and Internet-focused businesses do.
AI Alerts
After the chief scientist left, another OpenAI executive resigned
OpenAI's leadership shakeup continues, with Jan Leike, one of its super-alignment team leaders, announcing his resignation in a post on social platform X, hours after the company's co-founder and chief scientist Ilya Sutskever announced his departure on Tuesday.
Last September, Lake was named one of the 100 most influential people in artificial intelligence by Time magazine. Unlike Sutskovo's emotionally charged farewell post, Lake's post is very simple and consists of just a few words – "I'm quitting," which is sure to spark speculation about his and Sutskovo's next move. (Global Market Broadcast)
The largest open-source AI community provides $10 million in shared GPUs
Hugging Face, the world's largest open-source AI community, has announced that it will provide $10 million in free shared GPUs to help developers create new AI technologies.
Specifically, Hugging Face's move is designed to help small developers, researchers, and startups compete with large AI companies and avoid "centralization" of AI advances.
Baidu's AI cloud business revenue increased 12% in the first quarter
Baidu released its Q1 2024 financial report, with total quarterly revenue of 31.5 billion yuan and Baidu's core revenue of 23.8 billion yuan. At the same time, the net profit attributable to Baidu (Non-GAAP) was 7.011 billion yuan, a year-on-year increase of 22%, and the net profit attributable to Baidu's core (Non-GAAP) was 6.628 billion yuan, a year-on-year increase of 26%, both exceeding market expectations.
Robin Li, founder, chairman and CEO of Baidu, said that the revenue of the AI cloud business increased by 12% in the first quarter: "With the advent of the era of generative AI in China, basic models such as the Wenxin model will become the infrastructure and be integrated into all aspects of people's lives. We're making the Wenxin model series more affordable and efficient. This will bring more opportunities for Baidu. ”
Baidu search results 11% are generated by AI
At Baidu's Q1 2024 earnings call, Robin Li, founder, chairman and CEO of Baidu, said that 11% of search results on Baidu Search are now generated by AI, allowing search to answer user questions more accurately, more organized, and more directly. He pointed out that Baidu Search's AI restructuring is still in its early stages, and overall, search is most likely to become a killer app in the AI era. (Sina Technology)
ZTE and Alibaba Cloud have reached a database cooperation
According to 36Kr, Alibaba Cloud and ZTE jointly announced that they have reached an open source database cooperation, ZTE announced that it has joined the PolarDB open source community, and was elected as the first council member, and the two sides will be based on the PolarDB database open source community and EBASE database in the future to jointly promote the technological innovation and development of domestic databases, and jointly build the most innovative open source database community in China.
Is the image generated by the large model manually manipulated? Ascend Community Response: Non-retrieving preset images
Recently, an incident on social platforms that "Huawei press conference overturned" has attracted widespread attention. According to the pictures provided by netizens, when Huawei demonstrated the ability of large models at a recent press conference, the time.sleep(6) code appeared during the demonstration.
Netizens believe that this code means "human control from input to output, the process is 6 seconds", and some people suspect that the result of its graphics and text is not generated by a large model, but by human manipulation. In response to the controversy, at noon on May 16, the Ascend community responded: "On May 10, we demonstrated the features of the mxRAG SDK at a technical discussion at the Kunpeng Ascend Developer Conference. This demo is aimed at developers and shows how to develop a RAG application with just a dozen lines of code. The on-site pictures are generated in real time, and the open source model is called. There are expressions such as time.sleep(6) in the code, which are commands to wait to read the images generated by the external open-source model in real time, rather than calling up the preset images. All of the exhibits are real code, and they will also be available on the Ascend community. (Every Sutra)
Capital Insights
Weiyuan Gene announced the completion of hundreds of millions of yuan in D+ round of financing
On May 16, Weiyuan Gene announced the completion of hundreds of millions of yuan in Series D+ financing, led by Kequan Fund and followed by Tianxin Fund. The funds raised in this round will be mainly used to promote the research and development and IVD of pathogenic molecular precision diagnostic products, and accelerate the implementation of the overall solution in top medical institutions across the country. At the same time, Weiyuan Gene will build a new production base of advanced molecular diagnostic reagents and instruments.
Kuntai Maglev completed Series A financing
On May 16, according to BlueRun Venture Capital, Quintiles Maglev announced the completion of a round of financing, which was led by BlueRun Venture Capital, followed by Jingya Venture Capital and Hangzhou Jinyi Investment. This round of financing will be mainly used for the research and development of magnetic levitation molecular pumps and the construction of production capacity.
Technology forward-looking
Apple responds that the new iPad is expensive: far more than similar products
Apple senior vice presidents John Ternus and Greg Joswiak said in an interview with the media that the iPad surpasses the same type of products, not even tablets, because the products of its peers are too bad. In Apple's opinion, the new iPad is simply one of the most powerful productivity tools, with thin and light, M4 chip, AI, dual OLED display, longer battery life, new stylus and Magic Keyboard, etc., all of which make it far superior to its peers. As for the outside world's doubts about the price of new products becoming more expensive, Apple said that this is understandable, but it is really worth the price. (Fast Technology)
Photos that have been deleted for years after a system update have reappeared? Apple responded
Recently, some netizens have reported that Apple has recently launched the iOS 17.5 system, but the photos that have been deleted for many years after the update have reappeared. The reporter learned from the technical consultant of Apple's customer service that it did receive some related problems from user feedback, but for the specific reasons, Apple is still conducting further investigations. "If such a problem occurs after the update, and you can delete it again, it means that there is no problem."
The technical advisor further stated that there is no need to worry about the privacy of their data. Because even if the photos have been uploaded to iCloud, Apple will not be able to see them. In the next step, Apple will solve the problem through software updates or other pushes. (Beijing Youth Daily)
Vivo continued to rank first in China's mobile phone market in April
According to the statistics of authoritative market research agencies, vivo (including iQOO) won the first place in the sales volume of China's mobile phone market in April (4.1-5.5) with a market share of more than 17% after winning the first place in sales in the first quarter of 2024.
With the continuous hot sales of the iQOO Z9 series and Neo9 series, the market share of vivo's sub-brand iQOO has also grown rapidly, and the sales market share has reached 5.2% during the May Day period, a year-on-year increase of 57%. It is worth mentioning that the iQOO Neo9S Pro equipped with the Dimensity 9300+ flagship chip will also be released in the near future. With the successive release and launch of many new products such as vivo X100 Ultra and S19, the sales of the mobile phone market in May will also be further detonated.
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